Singapore Personal Income Tax Calculator

Singapore Personal Income Tax Calculator

Year of Assessment 2017 Onwards

Employment IncomeEnter your gross employment income for the previous year (including any bonuses, fixed allowances and any benefits in kind). DO NOT deduct CPF paid when you key in this figure.

Less: Employment Expenses

Employment ExpenseEnter your allowable employment expenses.

NET EMPLOYMENT INCOME

Net Employment Income
Calculated as Employment Income - Employment Expense.

Trade, Business, Profession or Vocation

Trade IncomeEnter your income from trade, business, profession or vocation in the previous year.

Interest

Interest
Enter your interest income received in the previous year if it is NOT from deposits with approved banks or licensed finance companies in Singapore.

Rental Income from Property

Rent from Property
Enter your net rent from property in the previous year.

Royalty, Charge, Estate/Trust Income

Royalty
Enter your royalty, charge or estate/trust income received in the previous year.

Gains or Profits of an Income nature

Gains or Profits
Enter your gains or profits of an income nature received in the previous year. These include any income which does not fall within any of the other classifications of income stated above.

Less: Approved Donations

Approved Donations
Enter the amount donated (2.5 times) to approved Institution of Public Character (IPC) in the previous year.
For example, if your donate $100 to an approved IPC, you will be given a $250 deduction.

ASSESSABLE INCOME

Assessable Income
Calculated as Net Employment Income + Other Income - Approved Donations.

Less: PERSONAL RELIEFS

Earned Income Relief

Earned Income ReliefEnter the lower of your earned income or the following values:
-$1,000 (if you are below 55)
-$6,000 (55 to 59)
-$8,000(60 and above)

For handicapped persons, the maximum earned income relief will be:
-$4,000 (if you are below 55)
-$10,000 (55 to 59)
-$12,000 (60 and above)

Spouse/Handicapped Spouse Relief

Spouse/Handicapped Spouse Relief
Enter $2,000 for spouse relief or $3,500 for handicapped spouse relief.
You are only eligible for spouse relief if the income of your spouse in the previous year is not more than $4,000.

If you are divorced or legally separated and you paid alimony/maintenance to your ex-wife or handicapped ex-wife in the previous year,
you will be eligible to claim the amount of alimony/maintenance paid, subject to a maximum of $2,000 or $3,500 respectively.

Qualifying/Handicapped Child Relief

Qualifying child relief (QCR)
Enter $4,000 per child.

Handicapped child relief (HCR)
Enter $5,500 per handicapped child.

Working Mother's Child Relief

Working Mother's Child Relief (WMCR)
Enter the following amount:
1st child - 15% of mother's earned income
2nd child - 20% of mother's earned income
3rd and each subsequent child - 25% of mother's earned income

Life Insurance Relief
You are eligible to claim life insurance relief up to a maximum of $5,000 if you have zero CPF contribution.
Otherwise, you may claim the difference between the cap of $5,000 and your CPF contribution.

Supplementary Retirement Scheme Relief
Enter the amount you / your emplyer have contributed in the previous year,
subject to a cap of $11,475 for a Singaporean / Singapore Permanent Resident and $26,775 for a foreigner.